I’ve been investing in McDonald’s for a decade and still I’m lovin’ it

It’s an ill wind that blows no good and war in the Middle East has hit the world’s biggest fast food chain, offering this small investor the chance to supersize my shareholding. McDonald’s (stock market ticker: MCD) missed brokers’ expectations with its most recent quarterly earnings and the share price had slipped 8 per cent lower over the past year to $270 when I bought some more on Monday.

The Chicago-based burger-flipper says a boycott by many Muslim consumers in some of the world’s most populous countries, including Indonesia, is bad for business. It even issued a statement denying that it is taking sides in the Gaza conflict after an Israeli franchisee offered free food to troops.

In October it will be 50 years since